It’s a great OS. If you need any help, more than happy to guide you through the process.
Discussion
Thank you.
Hi TKay, I order my umbrel and then did the research on what it takes to run a profitable node. Yes, completely back asswards. Did not realize all the costs and how much BTC needs to be staked. Is your node profitable? Is there a way to have your channels rebalance automatically? All these questions came up after I read the thread below.
Hi TKay. Setting up umbrel now. Currently, updating the blocks on the BTC node. Should I leave the factory settings alone on my BTC and lightning node?
Hey!
For 95% of the use cases, yes.
No need to tinker with it. It will just sit and do its thing.
The first setting you might want to change is giving your lightning node an alias and a unique color 😊
There are some settings that you might need to change down the road, but really all of this is due to specific functionalities you will learn with time. Of course feel free to go through the settings page, and read all the settings, nostr:npub1aghreq2dpz3h3799hrawev5gf5zc2kt4ch9ykhp9utt0jd3gdu2qtlmhct does a great job explaining each toggle.
Is there something specific you are noticing?
Nothing yet. I’m waiting for the BTC node to download the rest of the blockchain. I thought I would be able to set up the lighting node today but this may be a tomorrow thing.
Yeah it needs the bitcoin node 100% synced.
Well I’m at 7.8% after 15ish minutes.
kick back and relax.
The first 30% basically did not have any info. these go by quick.
between 30% - 70% it will get slower.
70% - 100% will basically be a crawl 🤣
This might take 1-3 days depending on your device.
Hi TKay,
I downloaded the LND lightning node. I believe I need to fund it with some BTC and open a channel. How much BTC should I allocate to the node and what channel should I open?
That is awesome! Please make sure you wrote down your seed phrase and have everything secure.
You are correct, first thing is to fund the on-chain wallet. This depends on what is your goal of this wallet?
If you just need a wallet, for small purchases i think 500k-2m is a reasonable. just remember that you need to have a little bit more in the on-chain wallet than you intend to have in the lightning channel.
If you use Telegram, I suggest you find Nodstrich nostr:npub1hxfkcs9gvtm49702rmwn2aeuvhkd2w6f0svm4sl84g8glhzx5u9srk5p6t and join. I can help you there and many others can provide even better insights.
Thanks. I downloaded Telegram and sent a request to join The Nodestrich group.
Well I’m at 7.8% after 15ish minutes. 😝